SaverLife announces it has been awarded a $200,000 Opportunity Fund grant from the U.S. Bank Foundation
SaverLife, a nonprofit organization that utilizes technology to enhance the financial well-being of individuals with low-to-moderate incomes (LMI), announces it has been awarded a $200,000 Opportunity Fund grant from the U.S. Bank Foundation. The grant will be used to help transform the future of financial health through personalized, tech-enabled experiences designed for the SaverLife member community through its app.
SaverLife believes everyone deserves access to a personalized path that empowers them to achieve their financial health goals. With support from the U.S. Bank Foundation Opportunity Fund grant, SaverLife will continue to be a trusted financial health navigator for its members and advance a new model of financial health navigation, combining well-designed technology with sophisticated new tools powered by artificial intelligence and informed by behavioral science. This approach will incorporate innovative digital outreach, ensuring timely and individualized support while fostering long-term financial resilience.
“Creating financial opportunity for our 730,000+ member community requires flexible resources that can drive innovation. We appreciate the support from the U.S. Bank Foundation, which helps us continue to build and expand the effective programs we’re proud to offer and increase the savings rates for hardworking households,” said Leigh Phillips, CEO of SaverLife.
SaverLife is on a mission to become the country’s leading financial health navigator by driving measurable improvements in people’s financial lives and driving broader systemic change. Currently, SaverLife’s platform supports over 720,000 members across all 50 states.
“Working with organizations like SaverLife can help us identify ways to support and empower more people as they strive to achieve their financial goals, while promoting innovation within the financial health field,” said Kaori Yamada, head of the Office of Financial Health and Inclusion at U.S. Bank.
The U.S. Bank Foundation created the Opportunity Fund in 2023 to support organizations working to increase wealth-building opportunities for low- to moderate-income communities.
For more information about SaverLife and its programs, visit https://saverlife.org/.
About SaverLife
SaverLife is a national 501(c)(3) nonprofit creating prosperity for working families by helping people save and invest in their futures. The SaverLife app supports and rewards members as they build savings and financial stability. SaverLife’s research centers members’ lived experiences to surface real-time insights about what’s working, what’s missing, and what families need next. Member-driven and systems-focused, SaverLife leverages emerging technology and member insights to strengthen its app, shape how financial products and public policies are designed, and continue serving the changing needs of its more than 730,000 members and the millions like them across the country. For more information or to join the SaverLife movement, please visit saverlife.org.
About U.S. Bancorp
U.S. Bancorp, with approximately 70,000 employees and $695 billion in assets as of September 30, 2025, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally through a diversified mix of businesses including consumer banking, business banking, commercial banking, institutional banking, payments and wealth management. U.S. Bancorp has been recognized for its approach to digital innovation, community partnerships and customer service, including being named one of the 2025 World’s Most Ethical Companies and one of Fortune’s most admired superregional banks. Learn more at usbank.com/about.